SG Americas Securities LLC Sells 9,313 Shares of Ameren Corporation $AEE

SG Americas Securities LLC lowered its position in shares of Ameren Corporation (NYSE:AEEFree Report) by 79.1% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,459 shares of the utilities provider’s stock after selling 9,313 shares during the quarter. SG Americas Securities LLC’s holdings in Ameren were worth $257,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of AEE. CX Institutional raised its stake in Ameren by 9.6% in the 3rd quarter. CX Institutional now owns 1,975 shares of the utilities provider’s stock worth $206,000 after purchasing an additional 173 shares in the last quarter. Park Avenue Securities LLC increased its holdings in shares of Ameren by 47.9% during the third quarter. Park Avenue Securities LLC now owns 6,024 shares of the utilities provider’s stock worth $629,000 after purchasing an additional 1,952 shares during the period. MassMutual Private Wealth & Trust FSB raised its position in shares of Ameren by 12.7% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 1,200 shares of the utilities provider’s stock valued at $125,000 after buying an additional 135 shares in the last quarter. Greenleaf Trust boosted its stake in shares of Ameren by 12.7% in the third quarter. Greenleaf Trust now owns 4,419 shares of the utilities provider’s stock valued at $461,000 after buying an additional 499 shares during the period. Finally, Hennion & Walsh Asset Management Inc. grew its position in Ameren by 11.8% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 26,977 shares of the utilities provider’s stock worth $2,816,000 after buying an additional 2,840 shares in the last quarter. 79.09% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Ameren

In related news, CFO Michael L. Moehn sold 6,500 shares of the firm’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $101.44, for a total transaction of $659,360.00. Following the sale, the chief financial officer owned 198,973 shares of the company’s stock, valued at $20,183,821.12. This trade represents a 3.16% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.34% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Argus raised Ameren to a “strong-buy” rating in a report on Wednesday, December 10th. KeyCorp cut shares of Ameren from an “overweight” rating to a “sector weight” rating in a research report on Friday, December 12th. Mizuho increased their price objective on shares of Ameren from $108.00 to $114.00 and gave the stock an “outperform” rating in a research note on Monday, October 27th. Morgan Stanley restated an “underperform” rating and issued a $108.00 target price on shares of Ameren in a research report on Wednesday, January 21st. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ameren in a report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Ameren has an average rating of “Hold” and a consensus target price of $109.60.

Get Our Latest Stock Report on Ameren

Ameren Stock Up 0.7%

Shares of NYSE AEE opened at $103.95 on Wednesday. The stock has a 50-day moving average price of $101.28 and a two-hundred day moving average price of $101.59. Ameren Corporation has a 12 month low of $91.77 and a 12 month high of $106.73. The company has a current ratio of 0.93, a quick ratio of 0.64 and a debt-to-equity ratio of 1.49. The company has a market cap of $28.12 billion, a price-to-earnings ratio of 19.99, a PEG ratio of 2.26 and a beta of 0.58.

Ameren (NYSE:AEEGet Free Report) last announced its quarterly earnings results on Wednesday, November 5th. The utilities provider reported $2.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.10 by $0.07. The company had revenue of $2.70 billion for the quarter, compared to analyst estimates of $2.64 billion. Ameren had a net margin of 15.75% and a return on equity of 10.92%. The firm’s revenue was up 24.2% on a year-over-year basis. During the same period in the previous year, the firm posted $1.87 EPS. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS and its FY 2025 guidance at 4.900-5.100 EPS. As a group, analysts forecast that Ameren Corporation will post 4.93 earnings per share for the current fiscal year.

Ameren Company Profile

(Free Report)

Ameren Corporation (NYSE: AEE) is an integrated energy company headquartered in St. Louis, Missouri, that provides electric and natural gas delivery and related services in portions of Missouri and Illinois. The company operates regulated utility businesses that serve a broad mix of residential, commercial and industrial customers, and it participates in wholesale energy markets and transmission operations that support reliable service across its service territories.

Ameren’s core activities include generation, transmission and distribution of electricity, distribution of natural gas, and the provision of customer energy solutions such as demand-side management and energy efficiency programs.

See Also

Institutional Ownership by Quarter for Ameren (NYSE:AEE)

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